Japanese Gov’t Urges BOJ To Help Curb Yen’s Plunge Ahead Of Policy Meeting

TOKYO, Jun 16 (NNN-NHK) – The Japanese government, heaped pressure on the Bank of Japan (BOJ), to help address the yen’s slump, ahead of its two-day policy meeting, starting today. “We expect (the BOJ) to appropriately take necessary measures, in coordination with the government,” Chief Cabinet Secretary, Hirokazu Matsuno, told…

Engineers Warn Sri Lanka Might Face Power Cuts For Next Three Years

COLOMBO, Jun 16 (NNN-XINHUA) – Sri Lanka’s state-owned electricity producer, Ceylon Electricity Board (CEB), Engineers’ Union, warned yesterday that, the country might continue to experience power cuts for at least three more years. CEB Engineers’ Union President, Anil Ranjith, told the media that power plants do not produce enough to…

Brazil’s Electricity Giant Eletrobras Privatised

SAO PAULO, Jun 16 (NNN-CMA) – Brazil marked the privatisation of the largest publicly-owned electricity company in Latin America, Eletrobras, with a ceremony at the Sao Paulo Stock Exchange. President Jair Bolsonaro, participated in the ringing of the bell that marked the finalisation of the sale of the company, which…

Special Economic Zones To Play Vital Role In Pakistan’s Development: PM

ISLAMABAD, Jun 16 (NNN-APP) – Pakistani Prime Minister, Shahbaz Sharif, said yesterday that, the special economic zones (SEZs) under the China-Pakistan Economic Corridor (CPEC), will play a vital role in the country’s economic development and prosperity. The Pakistani government has been focusing on establishing SEZs across the country, which would…

S.Korea’s Automotive Export Logged Double-Digit Growth In May

SEOUL, Jun 15 (NNN-YONHAP) – South Korea’s automotive export logged a double-digit growth last month, due to strong demand for environmentally-friendly vehicles, government data showed today. Car shipment advanced 18.9 percent from a year earlier to 4.15 billion U.S. dollars in May, according to the Ministry of Trade, Industry and…

Sri Lanka Plans To Attract 800,000 Tourists In Coming Months

COLOMBO, Jun 15 (NNN-XINHUA) – Sri Lanka Tourism Development Authority (SLTDA), said that, the country expects to attract around 800,000 tourists in the coming months of the year. During a meeting held yesterday, with Prime Minister, Ranil Wickremesinghe, representatives of the SLTDA said that, a revenue of 800 million U.S.…

Palestine, Italy Discussed Unilateral Israeli Actions In West Bank, East Jerusalem

RAMALLAH, Jun 15 (NNN-WAFA) – Palestinian Prime Minister, Mohammed Ishtaye, yesterday discussed with his visiting Italian counterpart, Mario Draghi, the unilateral Israeli actions in the West Bank and East Jerusalem. “We discussed the daily Israeli violations at Al-Aqsa Mosque in Jerusalem, the expansion of Israeli settlements, the Israeli settlers’ assaults…

UAE, Tunisia Discuss Ways To Enhance Bilateral Ties

TUNIS, Jun 15 (NNN-TAP) – Tunisian President, Kais Saied, met yesterday, with visiting United Arab Emirates (UAE) State Minister of Foreign Affairs, Sheikh Shakhboot Bin Nahyan Al Nahyan, to discuss ways to enhance bilateral ties. During the meeting, Saied expressed his thanks for UAE’s support for Tunisia, in various fields,…

Drought Hits Nangarhar, Afghanistan

KABUL, Jun 15 (NNN-ANA) – Below average rainfall has hit food production in eastern and north-eastern Afghanistan, where some rain-fed fields have dried out, officials and farmers said. “I planted wheat on my land but it has failed, due to lack of rain,” Hamidullah, the owner of eight hectares in…

Suez Canal, Panama Canal’s Economic Zones Sign Cooperation Deal

CAIRO, Jun 15 (NNN-MENA) – The Suez Canal Economic Zone (SCZone) in Egypt, and the Colon Free Zone (CFZ) in Panama, have signed here, an agreement to promote cooperation, the SCZone said, in a statement yesterday. “The agreement aims at exchanging information, to lure investors, benefit from available human expertise…
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